H-0830.1                  _______________________________________________

 

                                                      HOUSE BILL 1629

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State of Washington                              53rd Legislature                             1993 Regular Session

 

By Representatives Tate, Campbell, Brumsickle, Casada, Vance, Sheahan, Roland, Dorn, Brough, Ballasiotes, Jones, Foreman, Padden, Schoesler, Thomas, Kessler, Long, Forner, Morton, Talcott, Horn, Sehlin, Wood and Van Luven

 

Read first time 02/03/93.  Referred to Committee on Revenue.

 

Funding education.


          AN ACT Relating to education funding; amending RCW 67.70.240; and creating a new section.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

 

          NEW SECTION.  Sec. 1.  The legislature finds that education funding can be substantially enhanced by ensuring that all net proceeds from the state lottery are utilized for the exclusive benefit and use of public education.  Such exclusive use will ensure that citizen expectations for the enhancement of public education from the creation of a state lottery are realized and that a clear and compelling purpose for the continuation of the state lottery and citizen participation is objectively established.

 

        Sec. 2.  RCW 67.70.240 and 1987 c 513 s 7 are each amended to read as follows:

          The moneys in the state lottery account shall be used only:  (1) For the payment of prizes to the holders of winning lottery tickets or shares; (2) for purposes of making deposits into the reserve account created by RCW 67.70.250 and into the lottery administrative account created by RCW 67.70.260; (3) for purposes of making deposits into the state's general fund for the exclusive benefit and use of public education; (4) ((for purposes of making deposits into the housing trust fund under the provisions of section 7 of this 1987 act; (5))) for the purchase and promotion of lottery games and game-related services; and (((6))) (5) for the payment of agent compensation.

          The office of financial management shall require the allotment of all expenses paid from the account and shall report to the ways and means committees of the senate and house of representatives any changes in the allotments.

 


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